I do not share your enthusiasm of the half year result. In fact, this is not a very good quarter.
I apologize for recommending this stock when there were still numerous holes in my analysis. I will gather my questions and call management next week.
Once again it shows how stupid it is to use "fire, aim and ready" method to approach an investment idea. My overwhelming optimism proved to be disastrously wrong, but it is out of pure luck that I still registered a 10% gain in less than a month......
ROE, I feel increasingly uncomfortable about the valuation of the general market. I know if we bought good stocks, we better ignore short-term issues. But Fiducian is a leveraged play to the stock market....
FPS Price at posting:
$1.63 Sentiment: Hold Disclosure: Held